623 Forrest 10 UNI, Cocoa, FL 32922 (MLS# 637624)

(321) 951-0322

(800) 545-5687

738 Malabar Road SE

Palm Bay, FL 32907

Mon-Fri 9:00 am to 5:45 pm

Saturday 10:00 am - 2:00 pm

623 Forrest 10 UNI, Cocoa, FL 32922

$295,000

Property Type: Residential Income Square Footage: 4,770 Lot Size (sq. ft.): 871 Status: Closed

Current Price: $295,000 List Date: 4/03/2012 Last Modified: 11/11/2025

Overview

Description

INVESTOR OPPORTUNITY!! OWNER RETIRING! TEN CONDO UNITS, FULLY LEASED,$495 A MONTH, MONTHLY ASSOC FEE PER UNIT OF $75 WHICH INCLUDES, WATER/SEWER,GARBAGE,PEST CONTROL, LAWN CARE. ALL UNITS ARE CONCRETE BLOCK WITH BRICK, 1 BED/1 BATH,477 SQ FT, REFRIGERATOR, STOVE/OVEN, WITH ONE ASSIGNED PARKING SPACE. IN GREAT CONDITION, CONVENIENT LOCATION, WALKING DISTANCE TO THE INDIAN RIVER AND DOWNTOWN COCOA!Owner is related to LREA. 20.1%

Supplements: '||chr(10)||'Addendum - GROSS ANNUAL INCOME $59,400.00OPERATING EXPENSES $ 5,000.00PROPERTY TAX $ 5,980.00ANNUAL ASSOC FEES $ 9,000.00NET ANNUAL INCOME $39,420.00

Listing Details MLS# 637624

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 14
Living Area: 4770
Living Area Source: Other
Building Area Total: 4770
Garage YN: No
Carport YN: No
Parking Total: 14
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Lot Size Dimensions: 95 x 152
Association YN: Yes
Association Fee: 75
Water Body Access YN: No
Waterfront YN: No
Pool Private YN: No
Senior Community YN: No
List Price/SqFt: 61.84
Sold Price/SqFt: 61.84
Garage Spaces: 0
Carport Spaces: 0

Property Features

Appliances: Refrigerator Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Financial Data Source: Owner Flooring: Tile Levels: Two Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water Parking Features: Assigned Pool Features: None Possession: Close Of Escrow Roof: Shingle Special Listing Conditions: Standard Utilities: Sewer Connected; Water Available Water Source: Public Showing Considerations: Occupied; Pet(s) on Premises Showing Requirements: Appointment Only; Call Listing Office; No Sign

Contract Information

Original List Price: 295000
Listing Contract Date: 2012-04-01
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 623
Street Name: Forrest
County: Brevard
State: FL
Postal Code: 32922
MLS Area Major: 213 - Mainland E of US 1
Subdivision Name: Forrest Ave Condo

Remarks and Miscellaneous

Public Remarks: INVESTOR OPPORTUNITY!! OWNER RETIRING! TEN CONDO UNITS, FULLY LEASED,$495 A MONTH, MONTHLY ASSOC FEE PER UNIT OF $75 WHICH INCLUDES, WATER/SEWER,GARBAGE,PEST CONTROL, LAWN CARE. ALL UNITS ARE CONCRETE BLOCK WITH BRICK, 1 BED/1 BATH,477 SQ FT, REFRIGERATOR, STOVE/OVEN, WITH ONE ASSIGNED PARKING SPACE. IN GREAT CONDITION, CONVENIENT LOCATION, WALKING DISTANCE TO THE INDIAN RIVER AND DOWNTOWN COCOA!Owner is related to LREA. 20.1%

Status Change Information

Major Change Timestamp: 2012-04-03T20:54:46Z
Major Change Type: New Listing
Status Change Timestamp: 2012-10-16
Purchase Contract Date: 2012-07-01
Close Date: 2012-09-28
Close Price: 295000

More Information

Income and Expenses

Gross Scheduled Income: 59400
Net Operating Income: 39420
Operating Expense: 5000

Historical Information

Public Historical Remarks 3: Contact: List Agent, Zoning: multi family, Equipment/Appliances-Range: Y

Location, Tax, and Legal

Unit Number: 10 UNI
Tax Account: 2421106
Parcel Number: 24362800007908000000
General County Location: Central
Elementary School: Cambridge
Tax Annual Amount: 585.45
Tax Year: 2011
Tax Legal Description: UN1,2,3,4,5,6,8,9,12,13 FORRESTAVE
Directions: From Merritt Island,Hwy 520 west to Cocoa, turn on third right (North)to Forrest Avenue continue north 5 or 6 blocks to Forrest Ave condos on left.(2 Story Brick Bldg)*No sign**

Appliances

Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes

Cooling

Wall/Window Unit(s): Yes

Flooring

Tile: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Assigned: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Financial Data Source

Owner: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Management: Yes
Pest Control: Yes
Repairs: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Roof

Shingle: Yes

Special Listing Conditions

Standard: Yes

Utilities

Sewer Connected: Yes
Water Available: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Office: Yes
No Sign: Yes

Showing Considerations

Occupied: Yes
Pet(s) on Premises: Yes

Listing Office: CENTURY 21 Paradise Palm Inc

Last Updated: November - 11 - 2025

Information is deemed to be reliable, but is not guaranteed.